Microeconomics
Code
LL134
Department
Área de Ensino
Credits
6
Teacher in charge
João Amador
Weekly hours
4.5
Teaching language
Português
Objectives
The objective of the course is to provide students with the basic concepts and tools of microeconomic theory. The course requires no prior knowledge of the subject-matter. The algebraic tools are of an elementary level and the use thereof is limited. The immediate application of the concepts studied in the discussion of specific questions will be stressed. In this way, the course seeks to ensure that future jurists have a sufficient economic education. The acquisition of these skills will undoubtedly be an added value in their future professional life
Subject matter
Supply, demand and market equilibrium
Applications of the supply and demand model
•Taxation
•Price control
•Trade policy
•Non-linear prices
Consumer theory
Producer theory
•Competitive equilibrium and efficiency
•Monopoly, oligopoly and monopolistic competition
Public goods and externalities
Uncertainty and risk aversion
Bibliography
•Mankiw, "Principles of Economics" (6th edition), da Harcourt College Publishers (também existe edição em Português).
•Lipsey, Courant, Purvis e Steiner, "Economics", da Harper & Collins.
•Samuelson e Nordhaus, "Economia", da McGraw-Hill.
Teaching method
During the course, students will be invited to keep up with the subject-matter by regular study at home. This will make it possible to solve problems during classes and for participation in the discussions proposed to be more active. It is considered that attendance at classes is fundamental to the success of the course. The study of the subject-matters via the study of textbooks should not be seen as a substitute for class attendance. Students will also be encouraged to keep in contact with the teaching team and to avail themselves of the student attendance times whenever they have doubts or concerns about the course.